Core Insights - The total net asset value of public funds in China reached a record high of 36.25 trillion yuan as of August 2025, marking an increase of 1.17 trillion yuan or 3.34% from the end of July 2025 [1] - Open-end funds have become the primary driver of growth in the public fund sector, with their net asset value totaling 32.53 trillion yuan, while closed-end funds saw a decline [1][2] - Equity funds are leading the growth in public funds, with significant inflows in August, resulting in an increase of 628.07 billion yuan in size and 79.67 billion units in shares [2] Fund Performance - As of August 2025, the asset values of various fund categories are as follows: stock funds at 5.55 trillion yuan, mixed funds at 4.16 trillion yuan, bond funds at 7.21 trillion yuan, money market funds at 14.81 trillion yuan, and QDII funds at 0.80 trillion yuan [1] - The stock and mixed funds experienced substantial growth, while bond funds continued to decline in both size and shares [2][3] - Money market funds and QDII funds also saw increases in both size and shares, with money market funds growing by 196.35 billion yuan and QDII funds by 67.27 billion yuan [3] Market Outlook - Fund managers express confidence in the equity market, highlighting the potential for structural market trends and the importance of sectors like AI [3] - The A-share market is perceived to be in a long-term upward trend, with a focus on the computing and AI industry as key growth areas [3] - The active management of equity funds is seen as a strategy to navigate market volatility and capitalize on high-performance sectors [2][3]
我国境内公募基金总规模首次突破36万亿元
Zheng Quan Ri Bao·2025-09-25 17:12